Secure this spacious 1.26-acre vacant residential lot on HWY 60 E in Lake Wales, FL 33898. Zoned Residential , this parcel offers a great deal of space for a private retreat, but buyers should exercise extreme due diligence as listings indicate the road surface is dirt and the lot may be landlocked and not currently buildable. Public water and sewer are not available, meaning development would require a well and septic system. This property is best suited for a long-term investor or a buyer prepared for the costs and challenges of establishing access and utilities in a remote, rural setting near the growing Lake Wales area.
HWY 60 E, Lake Wales, FL, 33898
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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